THE PALM TOWER
ReadyDeveloperTHE PALM - JUMEIRAH CO. (L.L.C)
CommunityPalm Jumeirah
AreaPalm Jumeirah
Started
10 years 11 months ago01-02-2015
Handover
4 years 1 month ago30-11-2021
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF MIXED USED (HOTEL & RESIDENTIAL FURNISHES APARTMENT), (3B+LG+G+3P+MECH+47+MECH+R)BUILDING LOCATED IN PALM JUMEIRAH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 4,464/sqft
Last 12M:AED 4,465/sqft
Momentum: Last 12Mvs Prior Year
Rising+11%
GrowthLast 12M:AED 4,465/sqft
Prior Year:AED 4,024/sqft
Community Compare: Last 90DPalm Jumeirah
Premium+35%
Above AvgProject:AED 4,464/sqft
Community:AED 3,306/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
41Sold (Last 12M)
Supply & Demand Matrix
THE PALM TOWER averaged 9% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
194 units
20 sold174 left
10%
Velocity
1 Bedroom
224 units
20 sold204 left
9%
Velocity
2 Bedrooms
11 units
1 sold10 left
9%
Velocity
3 Bedrooms
2 units
0 sold2 left
0%
Velocity
Shop
10 units
0 sold10 left
0%
Velocity
Layouts & Units (442)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 76 units | Type Flat | Beds 1 B/R | Size 1,055 sqft | Avg Price AED 3.7M | Last Price AED 3.7M | Last Sold 9 days ago | Sales 46 |
Units 127 units | Type Flat | Beds Studio | Size 523 sqft | Avg Price AED 2.1M | Last Price AED 2.3M | Last Sold 9 days ago | Sales 59 |
Units 7 units | Type Flat | Beds Studio | Size 601 sqft | Avg Price AED 2.4M | Last Price AED 2.4M | Last Sold about 1 month ago | Sales 1 |
Units 10 units | Type Flat | Beds 1 B/R | Size 1,058 sqft | Avg Price AED 3.9M | Last Price AED 4.2M | Last Sold about 1 month ago | Sales 3 |
Units 49 units | Type Flat | Beds 1 B/R | Size 1,115 sqft | Avg Price AED 5.0M | Last Price AED 5.9M | Last Sold about 2 months ago | Sales 14 |
Units 11 units | Type Flat | Beds 1 B/R | Size 1,075 sqft | Avg Price AED 5.9M | Last Price AED 6.6M | Last Sold 2 months ago | Sales 4 |
Units 2 units | Type Flat | Beds Studio | Size 485 sqft | Avg Price AED 2.0M | Last Price AED 2.0M | Last Sold 4 months ago | Sales 2 |
Units 8 units | Type Flat | Beds 1 B/R | Size 1,039 sqft | Avg Price AED 3.8M | Last Price AED 4.1M | Last Sold 4 months ago | Sales 6 |
Units 7 units | Type Flat | Beds Studio | Size 494 sqft | Avg Price AED 1.9M | Last Price AED 2.1M | Last Sold 5 months ago | Sales 3 |
Units 3 units | Type Flat | Beds 1 B/R | Size 1,031 sqft | Avg Price AED 3.9M | Last Price AED 4.0M | Last Sold 8 months ago | Sales 3 |
Units 8 units | Type Flat | Beds 1 B/R | Size 1,036 sqft | Avg Price AED 3.8M | Last Price AED 4.1M | Last Sold 8 months ago | Sales 7 |
Units 34 units | Type Flat | Beds Studio | Size 518 sqft | Avg Price AED 2.0M | Last Price AED 2.3M | Last Sold 9 months ago | Sales 15 |
Units 9 units | Type Flat | Beds Studio | Size 517 sqft | Avg Price AED 2.1M | Last Price AED 2.4M | Last Sold 10 months ago | Sales 2 |
Units 25 units | Type Flat | Beds 1 B/R | Size 1,109 sqft | Avg Price AED 5.0M | Last Price AED 6.9M | Last Sold 12 months ago | Sales 6 |
Units 17 units | Type Flat | Beds 1 B/R | Size 1,143 sqft | Avg Price AED 3.8M | Last Price AED 4.2M | Last Sold about 1 year ago | Sales 10 |
Units 6 units | Type Flat | Beds Studio | Size 502 sqft | Avg Price AED 2.0M | Last Price AED 2.1M | Last Sold over 1 year ago | Sales 3 |
Units 4605 | Type Flat | Beds 2 B/R | Size 2,111 sqft | Avg Price AED 12.0M | Last Price AED 12.0M | Last Sold over 2 years ago | Sales 1 |
Units 9 units | Type Flat | Beds 1 B/R | Size 1,064 sqft | Avg Price AED 4.4M | Last Price AED 4.6M | Last Sold over 2 years ago | Sales 2 |
Units 4703 | Type Flat | Beds 3 B/R | Size 3,146 sqft | Avg Price AED 14.2M | Last Price AED 14.2M | Last Sold almost 3 years ago | Sales 1 |
Units 2 units | Type Flat | Beds Studio | Size 529 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold almost 3 years ago | Sales 1 |
Units 4603 | Type Flat | Beds 3 B/R | Size 2,969 sqft | Avg Price AED 14.0M | Last Price AED 14.0M | Last Sold almost 3 years ago | Sales 1 |
Units 4602 | Type Flat | Beds 2 B/R | Size 2,121 sqft | Avg Price AED 10.5M | Last Price AED 10.5M | Last Sold almost 3 years ago | Sales 1 |
Units 2 units | Type Flat | Beds 1 B/R | Size 1,118 sqft | Avg Price AED 4.8M | Last Price AED 4.8M | Last Sold about 3 years ago | Sales 1 |
Units 5 units | Type Flat | Beds 1 B/R | Size 1,068 sqft | Avg Price AED 4.3M | Last Price AED 4.3M | Last Sold over 3 years ago | Sales 1 |
Units 4604 | Type Flat | Beds 2 B/R | Size 2,220 sqft | Avg Price AED 11.3M | Last Price AED 11.3M | Last Sold over 3 years ago | Sales 1 |
Units RESTAURANT | Type Shop | Beds — | Size 18,183 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units F&B | Type Shop | Beds — | Size 23,312 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units THE VIEW | Type Shop | Beds — | Size 46,793 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units HOTEL | Type Hotel | Beds — | Size 482,143 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4518 | Type Flat | Beds 1 B/R | Size 1,079 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4601 | Type Flat | Beds 2 B/R | Size 2,107 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2709 | Type Flat | Beds 2 B/R | Size 2,274 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4701 | Type Flat | Beds 2 B/R | Size 2,297 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4702 | Type Flat | Beds 2 B/R | Size 2,314 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4705 | Type Flat | Beds 2 B/R | Size 2,324 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4606 | Type Flat | Beds 2 B/R | Size 2,398 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4704 | Type Flat | Beds 2 B/R | Size 2,420 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4706 | Type Flat | Beds 2 B/R | Size 2,514 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R-5203 | Type Shop | Beds — | Size 2,474 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R-P201 | Type Shop | Beds — | Size 2,836 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R-5205 | Type Shop | Beds — | Size 869 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R-5202 | Type Shop | Beds — | Size 1,611 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R-P202 | Type Shop | Beds — | Size 595 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R-5204 | Type Shop | Beds — | Size 372 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units R-5201 | Type Shop | Beds — | Size 1,791 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
45 unique layouts covering 442 units